UK-headquartered energy giant BP has completed the acquisition of Archaea Energy, a Texas-based renewable natural gas (RNG) company. Archaea Energy operates 50 RNG and landfill gas-to-energy facilities across the U.S., producing around 6,000 barrels of oil equivalent a day (boe/d) of RNG. Its produc
As the world prepares to say goodbye to an eventful 2022, offshore energy industries are reviewing their activities and making new plans to deliver on the net-zero target. Despite numerous challenges to this goal, the year behind us ends the similar way it started – with renewables in the spotlight.
ExxonMobil has filed a lawsuit against the European Commission’s proposed windfall tax on fossil fuel companies’ profits.
Türkiye’s natural gas reserves in the Black Sea have been increased, following a new gas discovery and an upward revision of a previous one.
Arabian Drilling has completed the upgrades on its new offshore rigs, which have now embarked on their new drilling assignments.
Borr Drilling has secured long-term deals for two jack-up rigs with undisclosed oil and gas companies in the Middle East and Southeast Asia.
Offshore accommodation provider Prosafe is partaking in four ongoing tenders to secure more assignments for its fleet of vessels.
Norway’s oil and gas production fell behind the Norwegian Petroleum Directorate’s predictions in November 2022.
The search for four people aboard a downed helicopter, which went down in the U.S. Gulf of Mexico, has been suspended.
The U.S. Coast Guard (USCG) has launched a search and rescue (SAR) mission for four people aboard a downed helicopter in the Gulf of Mexico.
Sembcorp Marine has completed the delivery of the Deepwater Titan drillship, the world’s second 8th-generation drillship, to Transocean’s subsidiary Triton Titan. Following the delivery, Deepwater Titan is scheduled for deployment on a five-year contract in the U.S. Gulf of Mexico. According to Semb
TotalEnergies’ unit in Gabon has signed a new exploitation and production sharing contract with the Gabonese government, as well as a deal to extend the Establishment Agreement. TotalEnergies EP Gabon has signed with the government an agreement relating to the rearrangement of certain provisions of
Oil and gas company Neptune Energy and offshore wind developer Ørsted have partnered up to explore powering new integrated energy hubs in the UK North Sea with offshore wind-generated electricity. The two parties and Goal7 have signed a Memorandum of Understanding (MoU) to examine the potential to s
Norwegian oil and gas company OKEA has signed a sale and purchase agreement (SPA) with compatriot DNO Norge to enter into the Brasse license in the northern North Sea. The aim of the partnership is to undertake a fast-track, low-cost review to assess whether a value accretive development concept can
